The Abuja Chamber of Commerce and Industry (ACCI), has stated that Nigeria’s agricultural sector still lags behind despite contributing 3.15 per cent to GDP in the first quarter of 2026.
ACCI President, Chief Emeka Obegolu made the disclosure in Abuja on Tuesday at a Press Conference ahead of the maiden edition of the Agricultural Mechanization for Export-Quality Products in Africa (AGROMEQA EXPO 2026).
The President who was represented by the first Vice President of ACCI, Prof. Adesoji Adesugba said ‘despite the agricultural sector comprising crop production, livestock, forestry, and fishing recording a 3.15 per cent, year-on-year growth in real Gross Domestic Product (GDP) to N11.87 trillion in the first quarter of 2026 (Q1’26) from N11.51 trillion in Q1’25, more needs to be done in the sector especially in terms of moving from manual to mechnised agriculture.’
He added that the agric sector has a lot of prospects but needs proper investment and technology to drive growth.
Speaking on the Expo, he said it will be convened under the theme: ‘Technology and Investment for Agro-Export.’ which speaks on the need to transform agriculture from largely subsistence-based production into a modern, technology-driven, investment-led, and export-oriented sector.
‘AGROMEQA EXPO 2026 is envisioned as a premier platform for promoting agricultural mechanisation, strengthening export-quality production systems, encouraging value addition, facilitating technology transfer, and attracting sustainable investments across the agribusiness value chain.
Through this initiative, we reaffirm our collective commitment to advancing Nigeria’s national priorities on food security, economic diversification, job creation, industrial development, and export-led growth.